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Animoca Brands, a leading branding and investment firm in digital property, is joining the MultiversX ecosystem as a contributor. The move has been well-received by the market, pushing MultiversX’s core token EGLD upwards, despite an overall bearish crypto market.  As announced on February 26, Animoca Brands is now a MultiversX “validator and ecosystem contributor.” With that, the firm aims to “leverage synergies between MultiversX and us, its blockchain network including development tools such as Sovereign Chains, and our 540+ portfolio companies.” We have joined the @MultiversX ecosystem as a validator and ecosystem contributor to leverage synergies between MultiversX and us, its blockchain network including development tools such as Sovereign Chains, and our 540+ portfolio companies. https://t.co/52h3gbV6Gu pic.twitter.com/YOidIxWaGK — Animoca Brands (@animocabrands) February 26, 2025 Moreover, the company highlights the MultiversX network’s improvement in ...

Discover how Ethereum’s shift to PoS and liquid staking protocols transform blockchain technology and address the 32 ETH staking challenge. Ethereum staking has revolutionized the way we use and interact with blockchain technology.  With its security now relying on capital rather than computing power, Ethereum’s (ETH) shift to proof-of-stake (PoS) offers numerous benefits, including a reported 99% reduction in the network’s carbon footprint. However, it still presents several drawbacks, chief among them being the 32 ETH economic requirement for participants to run a dedicated node on the network. You might also like: What is proof-of-stake (PoS)? Liquid staking protocols: what to look out for As of January, 32 ETH is about $84,724. Not many would-be validators can easily afford that amount, especially in regions with lower incomes. Additionally, staking funds become locked and lack liquidity, pushing stakers to join staking pools instead. These pools often prove mor...

Ethereum's staking rewards hit a record 8.6% post-Merge, with validators earning $46 million in the first week of May, citing the memecoin craze responsible. Validators earned a total income of $46 million in the first week of May as a result of the increase in the staking rewards rate, which is a metric for the annualized yield of validators. According to data, validators earned 24,997 Ether (ETH) in the week, representing a 40% increase over the previous week's income of $33 million, when 18,339 ETH were distributed as rewards. The recent trend of a new memecoin called Pepe trading is the reason behind the gratitude of validator s. In the past week, the average fees on the Ethereum network have exceeded 100 gwei, marking the highest level since May 2022. As gas fees increase, end users are paying over $30 per swap. The surge in gas fees has resulted in higher fee income for validator s from processing transactions, in addition to their regular validator reward s. ETH staki...

ETH price is showing strength, but network and derivatives data suggest that ETH will struggle to hold the $1,850 price level. Ether (ETH) price had been battling the $1,850 resistance level, but it broke through on April 4 when Ether rallied to a 7-month high above $1,900. Recently there has been a lot of speculation on Ether price catalysts, let’s see if it’s possible to identify any fundamental factors behind the price movement.  The upcoming Shanghai hard fork could be one factor in Ether’s recent bullish momentum. On April 12, the ability for validators to withdraw their deposits opens, giving staking participants freedom of movement, but also t creating a sell-off risk for Ether. There are now 17.81 million Ether staked on the Beacon Chain, though some safeguards have been put in place to prevent a flood of Ether from disrupting the market. For example, because there is a daily limit of 2,200 withdrawals, the maximum daily unlocks are 70,000 ETH. Scalability and selfish val...